Nicaragua Clothing Accessory Imports Drop to US$48,000

Indonesia recorded imports from Nicaragua totaling US$0.12 million as of December 2020. This figure represents a 41.12% decrease compared to the previous year's imports of US$0.2 million.

Indonesia's trade record with Nicaragua shows a significant decline in imports over the past 10 years. The lowest import value was US$0.1 million, while the highest reached US$3.8 million.

Of the 97 products (two-digit HS codes) imported from Nicaragua, 0.03 thousand products were worth more than one billion dollars. Most imported products from Nicaragua are also imported from other countries, totaling 0.01 thousand products.

The following is a list of the top five products imported by Indonesia from Nicaragua, ordered from highest to lowest transaction value:

1. Articles of apparel and clothing accessories, knitted or crocheted (HS Code 61). Indonesia imported US$48,000 worth of these products from Nicaragua, ranking first. This is lower than the previous period's US$140,000.

2. Aluminum and articles thereof. Indonesia's imports of aluminum and articles thereof from Nicaragua totaled US$31,000 in 2020. No imports were recorded from Nicaragua in the previous year.

3. Machinery, mechanical appliances, nuclear reactors, boilers (HS Code 84). Indonesia imported US$20,000 worth of these products and their parts, representing an increase from the previous year, when no imports were reported. Trademap data shows Indonesia imports these products from 150 countries. Nicaragua ranked 103rd as a source of these imports. The top five countries are China, Japan, Singapore, Germany, and Thailand.

4. Coffee, tea, maté, and spices (HS Code 09). Indonesia imported US$8,000 worth of these products, representing an increase from the previous year, when no imports were reported. Indonesia imports these products from 70 countries. Nicaragua ranked 51st as a source of these imports. The top five countries are India, Vietnam, Papua New Guinea, China, and Brazil.

5. Electrical machinery and equipment and parts thereof. Indonesia imported US$3,000 worth of these products from Nicaragua. No imports were recorded from Nicaragua in the previous year. Nicaragua ranked 122nd as a source of these imports. The top five countries are China, Singapore, Taiwan, Japan, and the Republic of Korea.